Question

2. How much interest will be charge of a loan of P50,000 if the rate is 12%?​

Answer 1

Answer:

6000

$50000 \times 12 \div 100$

$= 6000$

Answer 2

Answer:

$\sf{ \red{ \underline{ \underline{correct \: question \: : }}}}$

How much interest will be charge of a loan of P50,000 if the rate is 12%?

$\sf{ \red{ \underline{ \underline{note \ \: : }}}}$

$\sf{s.i \: = \: \frac{prt}{100} }$

$\sf{s.i \ \: : simple \: intrest}$

$\sf p\ \: : principle$

$\sf{r \ \: : rate \: of \: intrest}$

$\sf{t \ \: : time}$

$\sf{ \red{ \underline{ \underline{let \: us \: solve \ \: : }}}}$

$\sf \bold \blue{ \underline{ \underline{given}}}$

$\sf \: p \: = \: 50000$

$\sf{r \: = \: 12}$

$\sf{t \: = \: 1 \: year}$

$\sf \: = > \frac{50000 \times 12 \times 1}{100}$

$\sf{ = > 500 \times 12}$

$\bold{ = > 6000}$